This MetaTrader 5 expert advisor is designed for scalping gold on the M1 timeframe. It features a versatile strategy engine capable of toggling between breakout and mean-reversion modes based on market conditions. The system manages trades using ATR-based trailing stops, break-even adjustments, and time-based exits. Ri
Trading robot · MT5
Tokyo Box
This expert advisor for MetaTrader 5 automates trading strategies based on the Asian session price range.
GitHub stars2
Forks0
Last update10 months ago5 Nov 2025
LicenceNone stated
Overview
Tokyo Box calculates the high and low of a defined Asian session and executes breakout or range-reversion trades during the US session. The robot includes automated risk management features such as lot sizing, stop loss and take profit levels based on the session range percentage, and break-even or trailing stop adjustments. It also draws visual session boxes on the chart to illustrate the trading zones. The repository documentation is minimal.
- Session range breakout and range trading
- Percentage-based stop loss and take profit
- Automated trailing stop and break-even
- Visual session box chart overlays
- Customizable session start and end times
Details
Author
polcad on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Breakout, Mean reversion
Markets
Forex
Timeframes
M15-H1
Risk profile
No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.
EA files
Input parameters
Read from TokyoBox.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
TradeMode | ENUM_TRADE_MODE | TRADE_BOTH | Trading Mode |
AsianStartHour | int | 3 | Asian session start hour (03:00 GMT+3) |
AsianStartMin | int | 0 | Asian session start minute (0) |
AsianEndHour | int | 11 | Asian session end hour (11:00 GMT+3) |
AsianEndMin | int | 0 | Asian session end minute (0) |
USStartHour | int | 11 | US session start hour (11:00 GMT+3) |
USStartMin | int | 0 | US session start minute (0) |
USEndHour | int | 23 | US session end hour (23:00 GMT+3) |
USEndMin | int | 0 | US session end minute (0) |
MainTimeframe | ENUM_TIMEFRAMES | PERIOD_H1 | Main timeframe for Asian session range |
LowerTimeframe | ENUM_TIMEFRAMES | PERIOD_M15 | Lower timeframe for US session breakouts and range trades |
TrailingPercent | double | 50.0 | % of Asian session range for breakout trailing stop |
Show all 21 inputs
| Name | Type | Default | Description |
|---|---|---|---|
RangeTradeSLPercent | double | 50.0 | % of Asian session range for range trade SL |
TakeProfitPercent | double | 100.0 | % of Asian session range for breakout take-profit |
BreakEvenPercent | double | 0.5 | % price change to move SL to break-even |
RangeTradeThresholdPercent | double | 75.0 | % of range for range trade entry (unused, retained for compatibility) |
LotSize | double | 0.1 | Lot size for trades |
AsianBoxColor | color | clrGreen | Color for Asian session box (live and static) |
PreUSBoxColor | color | clrYellow | Color for box from Asian end to US start (skipped) |
USBoxColor | color | clrBlue | Color for box during US session |
KeepBoxesDays | int | 3 | Number of days to keep boxes (default 3) |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone polcad/Trading_scripts from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
- 3Copy the filesCopy the .mq5 file into Experts.
- 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
- 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
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